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Sport

Barcelona To Become Highest Earning Sport Club In The World

Gbolahan Adeyemi
By Gbolahan Adeyemi
Published: October 12, 2017
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Barcelona is set to become the highest earning sport club, with record revenues of £804m forecast for the financial year 2017/18.

Barcelona revenue went up due to the sale of Brazilian superstar Neymar to Paris Saint-Germain for a record fee of €222 during the summer.

“We’re presenting figures for this season which are the highest of any club in the world,” Barcelona CEO Oscar Grau said at a news conference on Wednesday.

“No other teams – not even in the NBA or the NFL – reach these numbers. The club is on track to reach its target [of generating €1bn a year] by 2021.”

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The Spanish giants announced revenues of £635m for the 2016/17 season (which ended on June 30, 2017) and project a 27 per cent increase for the current campaign.

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ByGbolahan Adeyemi
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Gbolahan Adeyemi is a writer for Okay Nigeria. A budding individual with the strive to share and inform the masses with contents relating to their beliefs, lifestyle and all about the entertainment.
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